Hey Look! - A Generation Y'er who is accountable!!

[urbanlife78]

Originally Posted by softblueyz

Do what a lot of people do. Take a break from your studies for about a year, get a job, save money and then go back and get your degree. By the time you finish the economy may be better and the job market may improve in that more jobs will be available in your field (or possibly fewer), but more than likely the salary won't be to your expectations.

It is actually better for you to push through and get a degree in the shortest amount of time than it is to take a year off, which also makes it harder for one to go back to school when taking breaks from college. The only times I agree with breaks is right when you get out of high school and after you finish your Bachelors Degree before going on to a Masters Degree.

[Gtownoe]

Originally Posted by Randomstudent

Tuition is still spiking.

Not only that, but kids get pepper sprayed for protesting the hikes.



UC Davis Students Protest Over Tuition Increase, And Protestors Are Pepper Sprayed - YouTube

[hnsq]

Originally Posted by BigDGeek

He didn't. If you read the whole story, you'd see that he worked to pay off his $6k car loan first while making $13/hr, then got a job making $25/hr in another city at about the same time that his student loan payments started coming due.

So it's not a $26k debt at $13/hr, it's a $20k debt at $25/hr. Big difference.

And your point is what? It still shouldn't be so surprising that a person is fiscally responsible that it warrants a news story.

Originally Posted by GregW

Paying over 50% of your gross salary to retire a debt at these interest rates is kind of foolish. Eating tainted food to do it is insane.

...no...when you have debt in the high single digit percentage range, aggressively paying down debt is the fastest way to grow your personal wealth. If you have debt at 8% (his car) or high 6% (current student loans), you are nothing but stupid to not pay it as aggressively as possible.